The financial industry has long since been a boys' club, and Brits are calling for women to step in as the financial crisis worsens across the globe. "Clearly, something needs to change…you can argue that the men have made a right mess of it, and now the ladies should have a go," said Howard Archer, a chief European economist, during the Parliament's Treasury Select Committee interrogation of the key players in British banking. In Britain, women hold 12 percent of corporate directorships, compared to 17 percent in the U.S, reports The Washington Post. "Maybe if we had some more women in the boardrooms, we may not have seen as much risk-taking behavior," said Hazel Blears, one of two female members of Prime Minister Gordon Brown's cabinet. Iceland leads the way, appointing women to its prime ministry and the heads of two of its major banks.